Shipbuilding

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Fincantieri inks strategic agreement with Barzan Holding

On 24 January, the shipbuilding company Fincantieri shake hands with Barzan Holding and inked an MoU in order to boost their strategic partnership. In fact, both sides through evaluation and studies of new technologies and capabilities, aim to lead to a future acquisition of new vessels in the defense field.

South Korean shipbuilders head towards smart ships

The South Korean shipbuilding sector is moving towards smart shipping, joining projects that include Industry 4.0 technologies, aiming to new smart ships that will achieve fuel cost reduction, autonomous navigation and long-distance remote control operations.

Damen inks MoU to boost shipbuilding in Bangladesh

On 14 January, Damen Shipyards Group along with Gentium Solutions inked a MoU with the Ministry of Industry of Bangladesh in Dhaka, in order to boost the development of shipbuilding and ship repair industry in Bangladesh. Representatives of the Netherlands Embassy in Bangladesh, were also present at the signing ceremony.

EU launches full-scale investigation for DSME’s takeover

Several days ago, the European Commission has started a full-scale investigation to assess the proposed takeover of Daewoo Shipbuilding and Marine Engineering (DSME) by the Hyundai Heavy Industries Group (HHI). The investigation completed on 17 December while was carried out under the EU Merger Regulation.

DNV GL advises of how not to fall dry when calling ports

DNV GL’s Jan Rüde, Ship Type Expert MPV, discusses the challenges that vessels face when ports, either with high tidal range or ports in river estuaries, fall dry at low tide, which results to costly ship bottom deformation if the ground is uneven.

First made-in-China aircraft carrier enters service

The Shandong, China’s first domestically-built aircraft carrier, officially entered into service, in line with the Chinese President Xi Jinping’s ambitions for the country to build up its naval power. A special ceremony was attended by officials in Sanya.

Korean shipbuilders to face challenging year due to pressure on offshore plant sector

Maeil Business Newspaper reports that South Korea’s big three shipbuilders will be facing a challenging year ahead of them due to the extra pressure put on the offshore plant sector, affecting its business performance. It is said that as oil refiners are reluctant to place new orders due to high volatility of oil prices, it is increasingly difficult to get offshore plant orders.

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